Lost on my asia open but made 100pips on london at gmt 9:00. lets see how the NY session goes.
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DislikedI had 4 baskets open this morning at 07:00 GMT. Three with the 10080 weekly setting and trade level 3,5,7. All three of those have had big drawdowns and are currently red. However I did open a MTF basket for the 240, and 1440 time frame with just a trade level 1 and it is up 130 pips. Goes to show that you can't rely on the 10080 time frame for daily trades. I'm going to open all baskets again at 13:30 GMT which is what I've been doing this week. I've actually been profitable from 13:30 to 16:00 using the 10080 setting so we shall see.Ignored
DislikedI had 4 baskets open this morning at 07:00 GMT. Three with the 10080 weekly setting and trade level 3,5,7. All three of those have had big drawdowns and are currently red. However I did open a MTF basket for the 240, and 1440 time frame with just a trade level 1 and it is up 130 pips. Goes to show that you can't rely on the 10080 time frame for daily trades. I'm going to open all baskets again at 13:30 GMT which is what I've been doing this week. I've actually been profitable from 13:30 to 16:00 using the 10080 setting so we shall see.Ignored
DislikedI had 4 baskets open this morning at 07:00 GMT. Three with the 10080 weekly setting and trade level 3,5,7. All three of those have had big drawdowns and are currently red. However I did open a MTF basket for the 240, and 1440 time frame with just a trade level 1 and it is up 130 pips. Goes to show that you can't rely on the 10080 time frame for daily trades.Ignored
Disliked{quote} I find its all relative, there are so many variables that give people different results... Personally I am getting good results on 10080 daily at 00:00 GMT with a 40 pip TP, so far every day except NFP has been a winner with low drawdown to get there...Ignored
DislikedHi, Can anybody upload these 2 files (updated versions) plz. 1). xm7_Ccfp_Wkly_TradeMonitor 2). CCFp-Diff_[v2.0](1) I also want to know that what is safe method of basket trade, i) weekly on every monday or ii) Every day on London open time. ???Ignored
Disliked{quote} My concern with a 40 pip TP is that depending on number of pairs that show up, you may have a 40 pip drawdown at open due to spread. 16 pairs at 1.2 - 2.0 or so spread can be 30 pips right away of DD. You could leave no room for movement to the downside if you want to maintain a 1:1 ratio. Really varies due to number of pairs determined by trade level. It seems best results are coming from those running many baskets at small lots for longer periods. I think from a pure probability standpoint, this would work best. However, margin required...Ignored
Disliked{quote} Thats a very valid point you bring up with the R:R. I find that this could be offset by a win:loss ratio, such as 8 wins to 2 losses. If that is the ratio (it is roughly that at the moment over 2 weeks daily testing which is way too early to make any practical decisions) then the R:R per trade doesnt change, but the positive expectancy is 80%. I dont think anyone is running 9 baskets other than for testing purposes, at least thats how it all started, but I think other newer people are seeing this as its own strategy...Ignored
Disliked{image} I'm in deep DD right now, will let it run. So we'll see...This is the biggest DD I have ever seen trading this EA...Have used the same setting for a "decade" now. But, we have to now that this is the part of the game. Can't win them all...But we'll see...Ignored
DislikedAnyone got any experience with MTF CCFp Indicator ? I cant get it to show any trades.its loading ok with no errors.I Think it might have something to do with my broker,pairs have prefix. The single time frame works fine with prefix. Thanks.Ignored
Disliked{quote} Try lowering your trade level if you are using multiple time frames.Ignored